Mohan bought 37 books for Rs.729 and sold them at a profit equal to the selling price of 8 books. The selling price of 1 book is:
Answer & explanation
Correct answer: option 1
S.P. of 37 - C.P. of 37 = S.P. of 8 (profit)
S.P. of 29 = C.P. of 37
C.P. of 37 = Rs. 729 (given)
Therefore,
S.P. of 29 = Rs. 729
S.P. of 1 = Rs.29